California Organized Investment Network (COIN) Is a Collaborative Effort Between the California Department of Insurance, the Insurance Industry, Community Affordable Housing and Economic Development Organizations, and Community Advocates.

The Investigation Division investigates suspected fraud committed by insurance agents, brokers, public adjusters, bail agents, insurance companies and other individuals and entities transacting the business of insurance who perpetrate fraud against consumers.

SACRAMENTO, Calif. — California Insurance Commissioner Dave Jones issued the following statement following the release of President Trump's proposed budget:

"President Trump's budget proposal to cut an additional $627 billion in Medicaid funding over the next 10 years will leave millions of Californians without health care. President Trump has broken the promise he made over and over again that people would not lose health insurance coverage.

Under the false banner of state flexibility, the Trump Administration is removing the funds necessary to ensure that millions of Californians who have gained health insurance coverage will be able to hold onto it. Additionally, the President's budget proposal slashes the Children's Health Insurance Program, making it more difficult for low-income families to enjoy the fundamental right of health care coverage for their children. Trump's budget returns us to a place where millions will go without access to basic health care.

Trump's budget also cuts funding for Social Security Disability Insurance (SSDI) for American workers who find themselves permanently disabled and unable to work to support their families. Trump's budget cuts $72 billion over 10 years from disabled Americans and their families breaking his promise not to cut Social Security.

President Trump's budget prevents any federal dollars, including federal Medicaid funding, from going to Planned Parenthood. The defunding of Planned Parenthood will be devastating to women and men across this country that rely upon Planned Parenthood for family planning and reproductive health services, cancer screenings, other preventative health services, and primary care.

Trump funds tax cuts of $900 billion for himself and the wealthiest Americans at the cost of health care and social security benefits for everyday Americans. Trump's disgraceful budget proposal will leave devastation in its wake for millions of Americans who will lose the basic financial security afforded by Medicaid and Social Security disability benefits."

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The California Department of Insurance, established in 1868, is the largest consumer protection agency in California. Insurers collect $310 billion in premiums annually in California. Since 2011 the California Department of Insurance received more than 1,000,000 calls from consumers and helped recover over $469 million in claims and premiums. Please visit the Department of Insurance website at www.insurance.ca.gov. Non-media inquiries should be directed to the Consumer Hotline at 800.927.4357. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.